Ampex Corporation (AEXCA) Message Board

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Technology Stocks : Ampex Corporation (AEXCA)

AMPX 12.24

+15.7%

Feb 6 9:30 AM EST

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To: B. A. Marlow who wrote (5928)	3/2/1999 9:19:00 AM
From: TraderAlan	Read Replies (2) of 17679

BA, Thats funny, I thought you were some classic author I missed along the way <g>. I wrote some articles about stop gunning which need a little more work before public distribution. Definitely follows the same line of thinking. But overall, have to disagree with one theme in your comments. While MMs and specialists are the price movement engine, I don't believe in market manipulation (except in thin stocks). To me, those insiders are slaves of the mathematics, not the other way around. One example I've used several times involves the mechanics of short squeezes. Invariably MMs/specialists can trigger a squeeze up to 62% of the prior decline but only real demand can carry price back to a 100% retracement. The 62% is a classic fibonacci math ratio defining the character of pullbacks over and over again. Alan Farley editor/publisher The Hard Right Edge hardrightedge.com Morning Trader hardrightedge.com

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